My original understanding was that, the maximum principal that can be deposited into my Amanah Saham Bumiputera (ASB) account is RM200,000 and if the balance goes beyond and that and withdrawn, you can’t deposit the money back (up to the threshold of RM200,000).
However, it was recently discussed in my Amanah Saham Bumiputera (ASB) post that this is not the case. If your ASB account balance is RM300,000 for example (after years of compounding) and RM50,000 is withdrawn, you can in fact, deposit that RM50,000 back in the future. In effect, your new maximum has been increased to RM300,000.
I went to Permodalan Nasional Berhad’s (PNB) office today and queried two of the officers about this matter. They have confirmed that if your balance is above RM200,000 and you withdraw some of that money, you may deposit it back into your account.
Hope this information helps.
Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.